Word: walts
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...write a prose that seems so stabilizing in the late 20th. Ralph Waldo Emerson is good to have beside the bed between 3 and 6 in the morning. So is the book of Job. Poetry: Wallace Stevens for his strange visual clarities, Robert Frost for his sly moral clarities, Walt Whitman for his spaciousness and energy. Some early Hemingway. I read the memoirs of Nadezhda Mandelstam (Hope Against Hope; Hope Abandoned), the widow of Osip Mandelstam, a Soviet poet destroyed by Stalin. I look at The Wind in the Willows out of admiration for Mr. Toad and for what...
Directors may lack the gumption to cut salaries and cash bonuses, but the luxuriant stock grants they hand out to top executives should provide strong incentives to improve a company's health. Sometimes it works. Walt Disney CEO Michael Eisner, for example, has become one of the world's highest paid executives partly through massive stock options. As Disney's share price has risen, from a split-adjusted value of $14 in 1984, when Eisner took over, to $120.75 recently, Eisner's wealth has exploded. But with stock appreciation like that, you won't hear many shareholders complaining...
...that all there is?" singer Peggy Lee crooned in one of her biggest hits. Well, no. A Los Angeles jury last week awarded Lee at least $2.3 million of the profits Walt Disney Co. has racked up on videocassettes of its 1955 classic, Lady and the Tramp. Lee, 70, who sang four parts and co-wrote six songs for the animated film, sought $50 million under a contract that barred Disney from making "transcriptions" of her work without her consent. Lee had received just $3,500 for her contributions to the film...
...people can match the French when it comes to fierce protection of their * culture -- except perhaps the people from the Walt Disney Co. Children everywhere know Mickey Mouse, Donald Duck and the dozens of other goofy characters that make up the Disney pantheon. With a meticulosity that is a hallmark of their success, Disney executives protect and promote their patented image. But as construction proceeds on Euro Disneyland, which is scheduled to open outside Paris next spring, the French have begun to ask themselves how the presence of Disney's irresistibly American village will affect French culture. Many fear that...
...page pact between the French government and the Walt Disney Co. stipulates a 49% ownership stake in Euro Disneyland for the U.S. firm, with the remaining 51% of the shares held by investors. Euro Disneyland shares will be traded on the Paris Bourse. Disney will retain operational control of the facility. As part of the deal, the government is lending Disney $920 million at a remarkably low 7.85% interest rate. Disney has agreed to use European firms for 90% of its goods and services, and will pay for various roads to be built near the complex...